Dreamfolks Services logo

Dreamfolks Services MD, chairman, board of directors and AGM

NSE: DREAMFOLKSBSE: 543591Transport InfrastructureSmall Cap

Last close ₹56.73down ₹1.01 (1.75%)BSE ₹56.73

Share price at the NSE close on 23 Oct 2026. Previous close ₹57.74.

52-week range of traded prices to 23 Oct 2026
₹56.00Low, 30 Mar 2026₹140.42High, 10 Nov 2025
Market cap
₹302 Cr1,925th largest listed
P/E
Lossover the last 12 months
P/B
1.0
Dividend yield
Nonein the last 12 months
ROE
−7.6%
ROCE
−15.1%
Debt to equity
0.01
Volume, NSE
57,10363.6% delivered

Dreamfolks Services board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorLiberatha Peter KallatRelated to the promoter
  • Company Secretary and Compliance OfficerHarshit Gupta

8 directors4 independent2 executive2 non-executive

  • Liberatha Peter Kallat · Chairperson and managing directorExecutive · joined Mar 2014 · reappointed Feb 2026 · 1 listed board · 1 committee seat
  • Mukesh YadavNon-executive · joined Jan 2011 · reappointed Nov 2021 · 1 listed board · 2 committee seats, 1 as chair
  • Dinesh NagpalNon-executive · joined Jan 2011 · reappointed Nov 2021 · 1 listed board
  • Balaji SrinivasanExecutive · joined Sep 2021 · reappointed Oct 2021 · 1 listed board · 1 committee seat
  • Ravindra PandeyIndependent · joined Nov 2023 · reappointed Nov 2023 · 31 months as independent · 3 listed boards · 3 as independent · 7 committee seats, 1 as chair
  • Prerna KohliIndependent · joined Nov 2023 · reappointed Nov 2023 · 31 months as independent · 1 listed board · 1 as independent
  • Monica WidhaniIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 3 as chair
  • Sunil KulkarniIndependent · joined Nov 2024 · reappointed Nov 2024 · 19 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Sharadchandra Damodar Abhyankar, left 29 Nov 2024: Tenure Completion
  • Sudhir Jain, left 29 Nov 2024: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 29 May 20268 of 8 present4 independent · 45 days in between
    • 13 Apr 20268 of 8 present4 independent · 33 days in between
    • 10 Mar 20267 of 8 present3 independent · 28 days in between
    • 9 Feb 20268 of 8 present4 independent · 20 days in between
    1 earlier meeting
    • 19 Jan 20268 of 8 present4 independent

  • Audit Committee

    Chair Ravindra Pandey

    Monica Widhani, Sunil Kulkarni, Mukesh Yadav

    • 29 May 20264 of 4 present3 independent
    • 13 Apr 20264 of 4 present3 independent
    • 10 Mar 20264 of 4 present3 independent · 28 days in between
    • 9 Feb 20264 of 4 present3 independent · 20 days in between
    1 earlier meeting
    • 19 Jan 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Monica Widhani

    Sunil Kulkarni, Mukesh Yadav

    • 23 May 20263 of 3 present2 independent
    • 6 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Mukesh Yadav

    Sunil Kulkarni, Liberatha Peter Kallat, Balaji Srinivasan

    • 10 Mar 20264 of 4 present1 independent

  • Risk Management Committee

    Chair Liberatha Peter Kallat

    Monica Widhani, Mukesh Yadav, Balaji Srinivasan

    • 10 Mar 20264 of 4 present1 independent

  • Corporate Social Responsibility Committee

    Chair Dinesh Nagpal

    Monica Widhani, Prerna Kohli, Liberatha Peter Kallat

    • 10 Mar 20263 of 4 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • S S Kothari Mehta & Co. LLPPeer-review certificate valid to Aug 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Dreamfolks Services AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Dreamfolks Services dividend history

Annual general meeting, 28 Sep 2026

96,470 shareholders on the register on 22 Sep 2026; present: 3 promoters and 67 others; votes counted by Mr. Deepak Kukreja / M/s. DMK Associates, Company Secretaries.The company's voting result (opens in a new tab)

  1. Consideration and adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Auditors and the Board of Directors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.96%

    Turnout: all 66.14% · promoters 100.00% · institutions 1.20% · other public 1.23%

  2. Consideration and adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Auditors’ Report thereon
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.96%

    Turnout: all 66.14% · promoters 100.00% · institutions 1.20% · other public 1.23%

  3. Re-appointment of Mr. Mukesh Yadav (DIN: 01105819) Non-Executive Director, who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.10%

    Turnout: all 66.14% · promoters 100.00% · institutions 1.20% · other public 1.23%

  4. Re-appointment of M/s S S Kothari Mehta & Co. LLP, Chartered Accountants (FRN: 000756N/N500441) as Statutory Auditors of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.00%

    Turnout: all 66.14% · promoters 100.00% · institutions 1.20% · other public 1.23%

  5. Re-appointment of Mr. Sunil Kulkarni (DIN: 02714177) as an Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.18%

    Turnout: all 66.14% · promoters 100.00% · institutions 1.20% · other public 1.23%

  6. Appointment of Mr. Lloyd Mathias (DIN: 02879668) as an Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.17%

    Turnout: all 66.14% · promoters 100.00% · institutions 1.20% · other public 1.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 3 Jul 2026, 1 resolution

1,01,563 shareholders on the register on 29 May 2026; votes counted by Mr. Deepak Kukreja / M/s. DMK Associates, Company Secretaries.The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transaction(s) between Dreamfolks Services Limited and ETT Solutions DMCC
    Ordinary
    87.61% for12.39% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.68%

    Turnout: all 0.27% · promoters 0.00% · institutions 1.65% · other public 0.77%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 25 Mar 2026, 1 resolution

1,07,134 shareholders on the register on 20 Feb 2026; votes counted by Mr. Deepak Kukreja / M/s. DMK Associates, Company Secretaries.The company's voting result (opens in a new tab)

  1. Reappointment of Mr. Balaji Srinivasan (DIN: 03512187) as Executive Director and Chief Technology Officer of the Company and approval of the remuneration payable to him
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.97%

    Turnout: all 66.22% · promoters 100.00% · institutions 0.66% · other public 1.46%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2025, 5 resolutions

1,17,711 shareholders on the register on 22 Sep 2025; present: 3 promoters and 79 others; votes counted by Mr. Deepak Kukreja / M/s. DMK Associates, Company Secretaries.The company's voting result (opens in a new tab)

  1. Consideration and adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the report of the Board of Directors and Auditors’ thereonMoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.72%

    Turnout: all 66.21% · promoters 100.00% · institutions 72.90% · other public 1.33%

  2. Consideration and adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Auditors’ report thereon
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.72%

    Turnout: all 66.21% · promoters 100.00% · institutions 72.90% · other public 1.33%

  3. Re-appointment of Mr. Dinesh Nagpal (DIN: 01105914) Non-Executive Director who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.43%

    Turnout: all 66.21% · promoters 100.00% · institutions 72.90% · other public 1.33%

  4. Re-appointment of Ms. Liberatha Peter Kallat (DIN: 06849062) as Chairperson & Managing Director and approval of the remuneration payable to her
    SpecialPromoters have an interest in it
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 100.00% · other public 7.34%

    Turnout: all 66.21% · promoters 100.00% · institutions 72.90% · other public 1.33%

  5. Appointment of M/s. DMK Associates, Company Secretaries as Secretarial Auditor of the Company
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.73%

    Turnout: all 66.21% · promoters 100.00% · institutions 72.90% · other public 1.33%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 13 Feb 2025, 1 resolution

1,20,301 shareholders on the register on 10 Jan 2025; votes counted by Mr. Deepak Kukreja / DMK Associates Company Secretaries.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Sunil Kulkarni (DIN: 02714177) as an Independent Director of the Company
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.63%

    Turnout: all 75.66% · promoters 100.00% · institutions 94.23% · other public 1.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 27 Nov 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MS. MONICA WIDHANI (DIN: 07674403) AS AN INDEPENDENT DIRECTOR
    Special
    90.64% for9.36% against

    Against: promoters 0.00% · institutions 68.62% · other public 1.84%

    Turnout: all 76.86% · promoters 100.00% · institutions 93.79% · other public 1.85%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Sep 2024, 4 resolutions

Present: 3 promoters and 51 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 together with the report of the Board of Directors and Auditors’ thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 74.23% · promoters 100.00% · institutions 68.48% · other public 1.70%

  2. To consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with report of the Auditors’ thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 74.23% · promoters 100.00% · institutions 68.48% · other public 1.70%

  3. To declare Final Dividend for the Financial Year 2023-24 @ INR 1.50 per Equity Share on the face value of INR 2/- each
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 74.23% · promoters 100.00% · institutions 68.48% · other public 1.70%

  4. To consider re-appointment of Mr. Balaji Srinivasan (DIN: 03512187) Executive Director, who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 74.23% · promoters 100.00% · institutions 68.48% · other public 1.70%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 18 Jan 2024, 2 resolutions

The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MS. PRERNA KOHLI (DIN: 03463093) AS ANnINDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.12% · other public 0.51%

    Turnout: all 78.48% · promoters 100.00% · institutions 82.62% · other public 3.44%

  2. APPOINTMENT OF MR. RAVINDRA PANDEY (DIN:07188637) AS ANnINDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.12% · other public 0.53%

    Turnout: all 78.48% · promoters 100.00% · institutions 82.62% · other public 3.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 29 Sep 2025, 1 fund house

  • Consideration and adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the report of the Board of Directors and Auditors’ thereonMoreLess
    1 for0 against
  • Consideration and adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Auditors’ report thereon
    1 for0 against
  • Re-appointment of Mr. Dinesh Nagpal (DIN: 01105914) Non-Executive Director who retires by rotation and being eligible, offers himself for re-appointment
    1 for0 against
  • Re-appointment of Ms. Liberatha Peter Kallat (DIN: 06849062) as Chairperson & Managing Director and approval of the remuneration payable to her
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. No concerns identified on the merits of proposed appointee. Governance Concern: Holds dual position as Board Chairperson and Managing Director; Holds 2 full time positions, thus, time commitment appears excessive.
    0 for1 against
  • Appointment of M/s. DMK Associates, Company Secretaries as Secretarial Auditor of the Company
    1 for0 against

Mutual fund votes, meeting of 13 Feb 2025, 4 fund houses

  • Appointment of Mr. Sunil Kulkarni (DIN: 02714177) as an Independent Director of the Company
    4 for0 against
3 earlier meetings

Mutual fund votes, meeting of 27 Nov 2024, 3 fund houses

  • APPOINTMENT OF MS. MONICA WIDHANI (DIN: 07674403) AS AN INDEPENDENT DIRECTOR
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on the merits of the proposed appointee. Appointment is non-compliant with Companies Act, 2013 and SEBI LODR 2015: Delayed shareholders’ approval proposed. Directorship ceased on 24th September, 2024 as the appointment was valid only till the date of the said AGM.
    0 for3 against

Mutual fund votes, meeting of 24 Sep 2024, 3 fund houses

  • To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 together with the report of the Board of Directors and Auditors’ thereon
    3 for0 against
  • To consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with report of the Auditors’ thereon
    3 for0 against
  • To declare Final Dividend for the Financial Year 2023-24 @ INR 1.50 per Equity Share on the face value of INR 2/- each
    3 for0 against
  • To consider re-appointment of Mr. Balaji Srinivasan (DIN: 03512187) Executive Director, who retires by rotation and being eligible, offers himself for re-appointment
    3 for0 against

Mutual fund votes, meeting of 18 Jan 2024, 3 fund houses

  • APPOINTMENT OF MS. PRERNA KOHLI (DIN: 03463093) AS ANnINDEPENDENT DIRECTOR OF THE COMPANY
    3 for0 against
  • APPOINTMENT OF MR. RAVINDRA PANDEY (DIN:07188637) AS ANnINDEPENDENT DIRECTOR OF THE COMPANY
    3 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake boughtETT Solutions DMCCSince 22 Apr 2026

    34.00% bought in the quarter; holding 34.00%, from 0.00%

  • Tax disputeAssistant Commissioner of State Tax, West BengalSince 29 Dec 2023
    The Company has duly filed an appeal before the GST Appellate Tribunal on 23.06.2026 against the Order-in-Appeal .Company does not envisages any relevant impact on financials, operations or other activities of the Company.MoreLess
    At the filing before: The Company has received an Order imposing of tax demand of Rs. 1,09,22,309 /- plus applicable interest and penalty of Rs. 1,13,00,550.04/- and 10,92,230.90/- respectively under applicable provisions of IGST Act, 2017 for the Financial Year 2017-18. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2017-18. The Company has filed as appeal with Appellate Authority which was rejected by the Appellate Authority by an Order dated 25-03-2025. Company did not envisages any relevant impact on financials, operations or other activities of the Company.MoreLess
  • Tax disputeDeputy Commissioner of State Tax, West BengalSince 8 Apr 2024
    The Company has duly filed an appeal before the GST Appellate Tribunal on 22.06.2026 against the Order-in-Appeal. Company does not envisages any relevant impact on financials, operations or other activities of the Company.MoreLess
    At the filing before: Company has received an Order imposing of tax demand of Rs. 2,28,23,497.88/- plus applicable penalty of Rs.22,82,349.80/- under applicable provisions of IGST Act, 2017 for the Financial Year 2018-19. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2018-19. The Company has filed an Appeal against the Order on 07-07-2024. However the same has been rejected by the Appellate Authority.MoreLess
  • Tax disputeDeputy Commissioner of State Tax, West BengalSince 27 Aug 2024
    No further communication has been received as of yet.
    At the filing before: The Company has received an order imposing of tax demand of Rs. 4,36,86,048.32 /- plus applicable penalty of Rs. 43,68,604.32/- under applicable provisions of IGST Act, 2017 for the Financial Year 2019-20. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2019-20. The Company has filed an Appeal against the Order on 27-11-2024. The Company did not envisages any relevant impact on financials, operations or other activities of the Company. Hearing was fixed on 05-03-2026 which was duly attended along with submissions.MoreLess
  • Tax disputeAssistant Commissioner, Division -VI CGST & Central Excise, Mumbai East CommissionerateSince 31 Aug 2024
    No further communication has been received as of yet.
    At the filing before: The Company has received an Order imposing of demand of Rs. 1,35,09,720/- plus applicable interest and penalty of Rs.13,50,972/-under provisions of applicable GST Law(s) for the Financial Year 2019-20. The Order has been passed by the GST Authority on the contention that the Company has wrongly availed the Input Tax Credit (ITC) and ineligible availment of ITC is liable to be recovered under the applicable provisions of CGST Act, 2017 read with MGST Act, 2017 read with IGST Act, 2017. Company did not envisage any relevant impact on financials, operations or other activities of the Company. The Company has filed an Appeal against the Order on 27-11-2024.MoreLess
  • Tax disputeDeputy Commissioner of State Tax, West BengalSince 21 Jan 2025
    The Company has duly filed an appeal before the GST Appellate Tribunal on 20.06.2026 against the Order-in-Appeal
    At the filing before: The Company has received an Order dated 21-01-2025 imposing of tax demand of Rs. 93,71,232.90 /- plus applicable penalty of Rs. 9,37,123.30/- under applicable provisions of IGST Act, 2017 for the Financial Year 2020-21. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2020-21. The Company did not envisages any relevant impact on financials, operations or other activities of the Company. The Company has filed an appeal on 21-04-2025 along with payment of Pre deposit @10% which was rejected on 23-12-2025 by the Appellate Authority. Company did not envisages any relevant impact on financials, operations or other activities of the Company.MoreLess
  • Tax disputeDeputy Commissioner of State Tax, West BengalSince 20 Dec 2025
    The Company has filed an appeal against the Order before Appellate Authority along with payment of additional pre-deposit of 10% of demand mentioned in the Order-in-Appeal with a prayer to stay recovery of outstanding demand.MoreLess
    At the filing before: The Company has received an Order dated 19-12-2025 imposing of tax demand of Rs. 2,59,30,628.74/- plus applicable penalty of Rs. 25,93,062.90/- under applicable provisions of IGST Act, 2017 for the Financial Year 2021-22. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2021-22. The Company did not envisages any relevant impact on financials, operations or other activities of the Company.MoreLess
  • Tax disputeJoint Commissioner of State Tax, Bhiwadi, RajasthanSince 19 Dec 2025
    The Company has filed an appeal against the Order before Appellate Authority on 17-03- 2026 along with payment of additional pre-deposit of 10% of demand mentioned in the Order-in-Appeal with a prayer to stay recovery of outstanding demand.MoreLess
    At the filing before: The Company has received an Order dated 19-12-2025 imposing of Tax- Rs. 4,72,540, Interest- Rs. 3,40,040 and penalty - Rs. 47,254/- under applicable provisions of CGST/SGST Act, 2017 for the Financial Year 2021-22. The alleged demand pertains to excess availment of ITC in GSTR 3B as compared to book of accounts. The Company did not envisages any relevant impact on financials, operations or other activities of the Company.MoreLess
1 more
  • Tax disputeDeputy Commissioner of State Tax, West BengalSince 9 Mar 2026
    The Company has filed an appeal against the Order before Appellate Authority on 04-06-2026 with a prayer to stay recovery of outstanding demand.
    At the filing before: The Company has received an Order dated 09-03-2026 imposing of tax demand of Rs. 6,36,56,669.5/- plus applicable penalty of Rs. 63,65,667/- under applicable provisions of IGST Act, 2017 for the Financial Year 2022-23. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2022-23. The Company did not envisages any relevant impact on financials, operations or other activities of the Company.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.